India’s manufacturing sector posted a robust performance in November, mainly on the back of substantial easing in price pressures and strengthening demand from clients, a monthly survey said Friday.
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 56 last month from the eight-month low level of 55.5 in October. In PMI parlance, a print above 50 means expansion while a score below 50 denotes contraction.
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